Dicks put volume heavy and directionally bearish

Bearish flow noted in Dicks with 4,283 puts trading, or 3x expected. Most active are Sep-24 210 puts and Sep-24 170 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 21.63, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 26th.

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